JP Morgan To Lead History’s Largest IPO
America’s largest bank could as well become the lead advisory role for the initial public offering (IPO) of the world’s most profitable corporation, Saudi Aramco.
JP Morgan’s biggest competition, Morgan Stanley will not be able to convince the Saudi investors after it's bankers miscalculated the demand for Uber’s stock demand which is now down 18% below its IPO price.
The IPO of state-owned Saudi Aramco has been the main feature of the Crown Prince Mohammad bin Salman's plan to diversify the country away from fossil fuels.
To put this into perspective Aramco announced $111,1 billion in profit which is more than double the profits of America’s most valuable company Apple.
Headlines for the world of Cryptocurrencies - September 08, 2019
- Mastercard Joins Marco Polo Network
- Malta Government Bring Crypto To Licensed Casinos
- Local Bitcoin Exchange In Norway Gets Support From Major Bank
- Christine Lagarde Believes Regulators Should Be Open To Crypto
- China’s Crypto Steaming Ahead Of Its Competitors
Headlines for the world of Cryptocurrencies - September 07, 2019
- Finally, Telegram Open Network Released
- Bakkt Receives Massive Amounts Of Bitcoin
- Stablecoins Like Libra Has Huge Growth Potential According To JPMorgan
- New Lobbyists For Libra Stablecoin
- PBoC Crypto Will Be Similar To Libra
Headlines for the world of Cryptocurrencies - September 06, 2019
- Non-Profit Org To Utilize Blockchain To Save The Amazon Forest
- Fantasy Sports Platform Now Accepting Crypto
- New Game Marketplace Being Co-Developed By Waves And Abyss
- PAX Reveals Gold-Backed Cryptocurrency
- BTC Google Interest Explodes
